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Marubeni remains committed as Maynilad investor

Marubeni Corp., the Japanese partner of west zone concessionaire Maynilad Water Services Inc., is committed to invest more in the Philippines despite the issues the business sometimes have to deal with over the years. 

Ireland keen on supplying the Philippines more dairy products

Ireland is keen on increasing its dairy exports to the Philippines with the launch of a campaign focused in Asia.

Fuel retailer spending P1.5B to bulk up its national standing

Fuel retailer Jetti Petroleum Inc. is keen on spending up to P1.5 billion to add more fuel stations to its portfolio over the next two years.

Steadily lower plastics waste seen over five years

The countdown has begun for plastics-producing companies to demonstrate by the end of the year the steady recovery and diversion of at least 20 percent of their 2022 plastic footprint as mandated by the Extended Producer Responsibility (EPR) Act.

LTG nine-month income falls 6% on weak tobacco

LT Group Inc., the holding firm of most businesses of tycoon Lucio Tan, said net income in the nine months through September fell 6 percent to P19.25 billion from last year’s P20.41 billion, caused mainly by weaker tobacco business. 

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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